DETROIT (Reuters) – Lucid CEO Peter Rawlinson said on Monday that a stock sale announced last week will provide the…
Qualcomm revamps mobile phone chips for AI, signs Samsung and others
By Stephen Nellis (Reuters) – Qualcomm said on Monday it is bringing technology first developed for its laptop chips to…
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the…
U.S. chip stocks rally as TSMC’s AI-backed outlook impresses investors
(Reuters) – U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC’s strong sales forecast fanned investor…
Google shifts Gemini app team to DeepMind
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…
Netflix beats earnings targets with 5 million new customers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter,…
Apple launches new iPad mini with AI features
(Reuters) – Apple on Tuesday launched its new generation of the iPad mini packed with AI features including writing tools…
Intel, AMD team up to confront rising challenge from Arm
By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are forming a group to help…
BlackRock, Fidelity snap up Hyundai India shares in record $3.3 billion IPO
By Scott Murdoch, Heekyong Yang and Kashish Tandon SYDNEY/SEOUL (Reuters) -Hyundai Motor India sold shares worth $989.4 million to institutional…
Wells Fargo’s profit falls on lower interest income
(Reuters) – Wells Fargo’s profit fell in the third quarter as the bank’s interest income was squeezed by subdued loan…